Corn:
The corn crop has fully emerged, and two percent of the crop has reached the silking stage. Crop conditions improved slightly on the national level. 72 percent of the crop is rated good to excellent, a one-point improvement from last week. 5 percent of the crop is rated poor to very poor, unchanged from a week ago. On a state level, Colorado and Missouri saw the most improvement in crop condition. This year’s crop compares favorably to last year’s ratings of 68 percent good to excellent and 12 percent poor to very poor.
Soybeans:
04.15.2024
Soybean oil stocks climb as soybean crush reaches record high
The National Oilseed Processors Association (NOPA) reported the March soybean crush at an all-time high of 196.406 million bushels. This was largest crush on record, outpacing by 0.55%,...
04.15.2024
Soybean oil market adds negative pressure to DCO market
Distiller’s corn oil (DCO) traded in a range of 45.5 - 46 cents lb delivered US Gulf today on what was otherwise a quiet trading day.
The lower...
04.15.2024
Hog slaughter forecast lower into May
Market sources reported no trades outside the previously set ranges for animal proteins in the US for Monday April 15.
For the week ending April 20, 2024, hog...